Business news

Business

AI feud: How Musk and Altman's partnership turned toxic

The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to ...

Business

How Elon Musk $97.4 billion bid complicates matters for OpenAI

OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman's push to transform the maker of ChatGPT into a for-profit company.

Internet

YouTube, the online video powerhouse, turns 20

YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership.

Business

Elon Musk heads group trying to buy control of OpenAI: Report

Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front in his war with the ChatGPT-maker, the Wall Street Journal reported Monday.

Business

Nokia CEO Lundmark to be replaced by Intel AI chief Hotard

Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centers at US chip-maker Intel.

Business

Elon Musk says has no plans to acquire TikTok's US operations

Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday.

Business

Airbus and Boeing eye India's 'soaring skies'

Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India exhibition from Monday.

Business

Google halts workplace diversity push

Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators.

Business

Q&A: How DeepSeek is changing the AI landscape

On Monday January 27, a little known Chinese start-up called DeepSeek sent shockwaves and panic through Silicon Valley and the global stock market with the launch of their generative artificial intelligence(AI) model that ...

Business

DeepSeek, Nvidia and the AI race that's shaping the future

The AI revolution is well underway and two companies—DeepSeek and Nvidia—stand out among those competing to lead it. Outside the financial world, the story might seem distant—but it really does have consequences for ...

Business

How AI bias shapes everything from hiring to health care

Generative AI tools like ChatGPT, DeepSeek, Google's Gemini and Microsoft's Copilot are transforming industries at a rapid pace. However, as these large language models become less expensive and more widely used for critical ...

Business

How will AI be used in advertising?

The Super Bowl, which will be broadcast on Feb. 9, and will feature the Kansas City Chiefs and the Philadelphia Eagles, is much more than just a major sporting event. It's a way for advertisers to showcase cars, consumer ...

Business

China probes Nvidia for 'violating' anti-monopoly law

China on Monday launched an investigation into US chip giant Nvidia for allegedly violating its anti-monopoly laws, a top government agency said, as the two countries race for global chipmaking dominance.

Business

What Roblox's safety updates mean for its users

Following weeks of controversy and mounting public scrutiny, the popular social gaming platform Roblox has updated its parental controls and content rating system.

Business

What do we know about the economics of AI?

For all the talk about artificial intelligence upending the world, its economic effects remain uncertain. There is massive investment in AI but little clarity about what it will produce.

Business

TikTok closer to US ban after losing court appeal

TikTok edged closer to being banned in the United States after it lost an appeal on Friday against a law requiring the video-sharing app to divest from its Chinese parent company by January 19.

Business

Bitcoin hits $100,000 for first time

Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump's decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to ...

Business

China curbs exports of key chipmaking components to US

Beijing said Tuesday it would restrict exports to the United States of some key components in making semiconductors, after Washington announced curbs targeting China's ability to make advanced chips.